Criticism has been pouring in from Republican and Democratic lawmakers, former Fed chairs and top officials after the US Justice Department launched a criminal investigation against Federal Reserve chairman Jerome Powell. After he described the move as retaliation against the Fed for not lowering interest rates as quickly as the President wanted, concern over the central bank’s independence pushed prices of safe-haven assets like gold higher. Business#investigation #Fed #Chair #Powell #sparks #chrus #criticism1768264362
US investigation into Fed Chair Powell sparks chrus of criticism
